Specialist Provider of Medical Supplies

Having built an excellent reputation for delivering innovative solutions, the company continues to retain numerous large contracts due to its specialist knowledge and long-standing client relationships.

Our clients are now offering the company for sale to facilitate retirement plans.

Offers invited.

Key Highlights

– Works with local authorities, councils, and NHS England, across the UK and Europe.

– A variety of frameworks in place, which provide ongoing streams of reliable revenue.

– Has gained numerous accreditations, including ISO 9001 and ISO 14001, and is an approved MHRA wholesale dealer.

– Operates from warehousing, assembly, and office leasehold premises.

– Highly proficient team of sales operatives, warehouse operatives, and packers in place, who require minimal oversight from the directors.

– Significant scope to supply many of the company’s products to other medical sectors, such as the vaccine market.

Financial Highlights

– YE23 turnover in excess of £3.5m.

– EBITDA of £453k achieved within the same year.

– Gross profit margin of 22%.

– YE24 projections indicate a turnover of circa £4m.

– Over 80% of the sales value is with clients who have ongoing contracts.

– Has recently retained most of its large contracts for the next three-to-five years.

– Receives significant prepayments to supply products. Current prepayment stands at £326k.

– Asset register worth circa £150k included in the sale.